6209 South Michigan Avenue

Chicago, IL 60637

$472,000
Last Sold Price
20
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Attention Investors! Beautiful brick apartment building with 6 units and a garden apartment in highly desired, Woodlawn area! 6 above grade units feature 3 bedrooms and 1 bathroom with well-maintained finishes and new separate electric meters and boxes for each unit. The non-conforming garden unit has 2 bedrooms with a private front entrance and rear walk-out for easy access. Exterior features a near brand new rear deck and 4 car garage for additional income. Exceptional cash flow and amazing value!Attention Investors! Beautiful brick apartment building with 6 units and a garden apartment in highly desired, Woodlawn area! 6 above grade units feature 3 bedrooms and 1 bathroom with well-maintained finishes and new separate electric meters and boxes for each unit. The non-conforming garden unit has 2 bedrooms with a private front entrance and rear walk-out for easy access. Exterior features a near brand new rear deck and 4 car garage for additional income. Exceptional cash flow and amazing value!

Listing Agents

  1. Travis Koran

    Travis Koran

    Alternative Listing Agent

    Compass

Sold By Heart My Home Chicago Inc

Property Details for 6209 South Michigan Avenue

Area
CHI - Washington Park
Num Of Parking Spaces
4.0
Zoning
MULTI

Location

Add your commute
LISTING UPDATED: 09/17/2021 08:31 AM

Property Details for 6209 South Michigan Avenue

StatusClosed
MLS #11018173
Days on Market104
Taxes$8,969 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Multi Family 5+-Other
Year Built1913
Lot Size0.18 AC / 8,019 SF
CountyCook County

Location

Add your commute

Building Information for 6209 South Michigan Avenue

Stories-Residences7Year Built1913Building Size-Lot Size0.18 AC / 8,019 SF

Payment Calculator

$3,323 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,576

Property Taxes

$747

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 6209 South Michigan Avenue

General Information
Addtl Parking Information
  • Indoor Parking: 1-5 Spaces
Location and General Information
  • Information: 48-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Electric: Circuit Breakers, Separate Meters
  • Basement Description: Unfinished
  • Heat/Ventilation: Forced Air,Gas,Separate Per Unit,Individual Furnaces
  • # Of Refrigerators: 0
  • Num of Baths: 0.0
Exterior Features
  • Misc Outside: Balcony/ies
Property/Lot Information
  • Tenant Pays: Electricity, Heat
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Other
  • Lot Dimensions: 50X162
  • Lot Size Square Feet: 8019.0
  • Stories: 3
  • Exterior Building Type: Brick
  • Roof Structure: Flat
  • Foundation Details: Brick/Mortar
  • Building Area Total: 6600
  • Lot Size Source: County Records
  • # Of Ranges: 0
Property and Assessments
  • Possible Use: Multi-Family
  • Public Document Count: 1
  • Document Date: 2021-06-09T22:40:52
  • Photos Count: 18
Miscellaneous
  • Current Use: Multi-Family
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 7
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $3,193.00
  • Gross Income: $86,736.00
  • Gross Scheduled Income: $86,736.00
  • Insurance Expense: $7,996.00
  • Maintenance Expense: $9,028.00
  • Manager Expense: $3,438.00
  • Expense Year: 2019
  • Janitor Expense: 0
  • Net Operating Income Year: 2019
  • Total Monthly Income: 7228
  • Net Operating Income: $49,289.00
  • Operating Expense: $37,447.00
  • Other Expense: $.00
  • Trash Expense: $1,499.00
  • Water Sewer Expense: $3,324.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 1
  • # Of Rooms - Unit 1: 5
  • # Of Full Bthrms - Type 1: 1
  • Monthly Income - 1: 984
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 1
  • # Of Rooms - Unit 2: 5
  • # Of Full Bthrms - Type 2: 1
  • Monthly Income - 2: 1100
Unit 3
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 1
  • # Of Rooms - Unit 3: 5
  • # Of Full Bthrms - Type 3: 1
  • Monthly Income - 3: 1100
  • Monthly Income Max - 3: 1100
Unit 4
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 1
  • # Of Rooms - Unit 4: 5
  • # Of Full Bthrms - Type 4: 1
  • Monthly Income - 4: 935
  • Monthly Income Max - 4: 935
Unit 5
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 1
  • # Of Rooms - Unit 5: 5
  • # Of Full Bthrms - Type 5: 1
  • Monthly Income - 5: 1018
  • Monthly Income Max - 5: 1018
Unit 6
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 1
  • # Of Full Bthrms - Type 6: 1
  • Monthly Income - 6: 1156
  • Monthly Income Max - 6: 1156
Unit 7
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 1
  • # Of Rooms - Unit 7: 5
  • # Of Full Bthrms - Type 7: 1
  • Monthly Income - 7: 935
  • Monthly Income Max - 7: 935

Property History for 6209 South Michigan Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 6209 South Michigan Avenue

Taxable ValueLand$4,410Additions$40,231Total$44,641
Tax Record2018$8,818 ($735 / month)
Home Facts
Baths6Total Finished SqFt7,272 SqFtAbove Grade Finished SqFt7,272 SqFtStories3Lot Size8,135 SqFtStyleMulti-Family Res (5+ Units)Year Built1913CountyCOOKAPN20153140160000

Schools near 6209 South Michigan Avenue

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - K to 8
Charter - 10 to 12
Rating
School
Distance
Dulles Elementary School
PublicPK to 8

Phillips Academy High School
Public9 to 12

CICS Washington Park
CharterK to 8

YCCS-Progressive Leadership Acad
Charter10 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 09/17/2021 08:31 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.